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Apollo Tyres raises prices by 2-4 pct

05 Apr 2010 Evaluate

Apollo Tyres Ltd has raised product prices across categories by 2-4 percent to offset the surge in cost of rubber. This is with effect from Thursday; the quantum would vary across product lines. Spot price of the most traded RSS-4 (ribbed smoked sheet) rubber has hit a record high of 15,650 rupees in Kottayam, Kerala, as per data compiled by the Rubber Board. Natural rubber makes up over 40 percent of the total cost of a tyre. Further round of price increase was required in coming months to combat the surge in costs. JK Tyre and Industries Ltd. is also planning a price increase in the near term.

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Apollo Tyres Share Price

445.30 1.55 (0.35%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
MRF 139772.66
Apollo Tyres 445.30
CEAT 3713.55
Balkrishna Inds. 2329.80
JK Tyres & Inds. 428.30
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